| Pigmyhippo---$124-$137471-1100-PVB-Jun-0/25, 0/26, 0/27- sent 3/23 |
Seller pays 26 MF and credit of $9163 towards 27 MF at closing - delayed closing Jan 27
What would be the cost of just buying this many points direct with incentives… including selling back 26 to Disney and renting out 27 points?
Alright, you're not asking for our input or advice, but I can't resist. This is add-on pricing so new member pricing would be more (although, with this many points, might as well buy a small contract to qualify for member add-on pricing).
Using the add-on tool:
1100x243=267,300
$300 doc prep fee
$3426.58 closing costs
-$20,900 incentives
-$2,000 (I think there is the $1k anniversary offer and $1,000 for Disney Visa)
$248,126.58
Do Magical Beginnings and take $22,000 off. Rent out 2026 points for $20/point, take another $22,000 off. Rent out 2027 points for $20/point, take another $22,000 off.
$182,126.58
But, you would have to pay dues on prorated 2026, and 2027, and taxes on the rental income, so, let's really quick add another $20k on to that figure and say you're going to be at about $200k.
So, at $137,471, I think they are getting a pretty big discount. Let's say about $60,000 or about $55/point. That's a much bigger discount than you'd get on smaller PVB contract purchases.